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Dec 4, 2012
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euro president said the region's financial authorities will monitor greece's bond buying back program. he says the finance ministers will sign off in the next round of loans t greece wn they meet again on december 13th. the ministers also talked about spain. they decided to provide up to nearly $40 billion euros. they're decision came after the bailout fund to sure up its constituti institutions. the nikkei average at 9,434. that's a loss of one-fourth of a percent. the dollar is slightly losing ground. dollar yen changing hands at 82.13 to 17. euro stands at 107.19 to 24. analysts say investors are selling the dollar following the release of u.s. manufacturing data. it was the lowest in almost three and a half years. more investors are showing interest in the weakening yen. taking a look at other markets, south korea's kospi is trading lower. let's take a look at australia. it's trading lower by almost a third of a percent. there's hope for floundering bas bas basic electronics firm sharp. the firm is expected to receive part of the that sum as early as this month. sharp is forecasti
euro president said the region's financial authorities will monitor greece's bond buying back program. he says the finance ministers will sign off in the next round of loans t greece wn they meet again on december 13th. the ministers also talked about spain. they decided to provide up to nearly $40 billion euros. they're decision came after the bailout fund to sure up its constituti institutions. the nikkei average at 9,434. that's a loss of one-fourth of a percent. the dollar is slightly...
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Dec 18, 2012
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>> greece has been upgraded by a rating agency, scott. s&p has upgraded to b from b minus because of a commitment to keep greece within the eurozone and to keep funding them. it's something that we haven't seen in years, maybe decades. greece has now been upgraded when it comes to their outstanding bonds. back to you. >> the euro is getting a bump. it the highs of the day. 132 euro dollar. >> the s&p is believing that there is a strong commitment to keep doing what it takes to keep them in, whether it's cutting the interest rate, he can tending the maturities, et cetera, that that could lead to more stability in the eurozone. >> michelle, thank you very much with that important news on greece. let's get back to our discussion the indicates is being made for and against oracle. >> i'm not going to taint oracle because of hewlett-packard's misstep after misstep after misstep. extremely disciplined. they are strategic in terms of the acquisitions that they make. and 50 or 100 times, and 36 billion to 37 billion and expecting for 2013, 38 bil
>> greece has been upgraded by a rating agency, scott. s&p has upgraded to b from b minus because of a commitment to keep greece within the eurozone and to keep funding them. it's something that we haven't seen in years, maybe decades. greece has now been upgraded when it comes to their outstanding bonds. back to you. >> the euro is getting a bump. it the highs of the day. 132 euro dollar. >> the s&p is believing that there is a strong commitment to keep doing what it...
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Dec 10, 2012
12/12
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so greece has its financing for next year. after that, it's a very big open question. >> bob parker from credit suisse, thank you so much for all your time and thoughts this morning. stick around. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grou at fedex office. >>> welcome to "worldwide exchange." i'm kelly evans. these are your headlines from around the world. political turmoil in italy sending european shares lower. italian banks lead the downward mo move. china's weak export figures are weighing on sentiment. the unexpected decline signals continued pressure from abroad. >>> and meeting face-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend with just weeks to go before the u.s. heads over the fiscal cliff. >> keeping an eye on italian third
so greece has its financing for next year. after that, it's a very big open question. >> bob parker from credit suisse, thank you so much for all your time and thoughts this morning. stick around. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grou at fedex...
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Dec 13, 2012
12/12
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sylvia, a torturous route for greece. are they finally going to get this money? if so, what does that change. >> well, it at least gives them a bit of breathing space. it doesn't change anything in terms of the overall dismal situation of the country. there was a letter of the german finance minister yesterday, written so it is by one of the deputies to the german bundes stock where he basically said, we are ready to sign up the next package for greece. this has not been confirmed or denied by the finance ministry, so it seems that that's the determination. it looks like it, anyway. we know that the one linchpin is indeed the set buyback program. it kind of falls short of expectations. but i'm sure they're going to make it enough of a success to sign the check tonight or tomorrow if it's the heads of state doing it. but the expectations that the euro group meeting that is in session right now is the one that will dispense the money or will decide to disexpense the money. never mind who signs on the bottom line and indeed the great delegation goes home at least to
sylvia, a torturous route for greece. are they finally going to get this money? if so, what does that change. >> well, it at least gives them a bit of breathing space. it doesn't change anything in terms of the overall dismal situation of the country. there was a letter of the german finance minister yesterday, written so it is by one of the deputies to the german bundes stock where he basically said, we are ready to sign up the next package for greece. this has not been confirmed or...
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you're going to share with us something here ok all right now this one is come from a little boy in greece he says exactly what he wants for christmas and for twenty thirty. dear santa for christmas i would really like a fiscal policy which would see my country's debt be reducing one hundred twenty four percent of our annual output by twenty twenty i know that this is a big ask but it will stop the international monetary fund getting even more annoyed with us although we didn't make the whole thirty billion euros worth of savings we promised just recently we did try very hard. dimitri said marise. well who else has been writing to you oh well this one has come from somebody not too far away from where we are right now this is come from a little girl and bird lynne with her christmas wishes for twenty thirty. thank you for the positive economic growth i asked for last year it has been very helpful this year it would be great if we could have more of the same just is there a way we can give less of our money away to the eurozone countries all the best angle america p.s. i also want to win th
you're going to share with us something here ok all right now this one is come from a little boy in greece he says exactly what he wants for christmas and for twenty thirty. dear santa for christmas i would really like a fiscal policy which would see my country's debt be reducing one hundred twenty four percent of our annual output by twenty twenty i know that this is a big ask but it will stop the international monetary fund getting even more annoyed with us although we didn't make the whole...
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Dec 18, 2012
12/12
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. >> greece's international lenders say the deeply indebted nation deserves to keep getting funds for a bailout, but they continue to warn that there are very large risks that the greek economy could eventually collapse. >> the report from the european commission and european central bank comes as athens receives a long overdue installment of over 34 billion euros international aid on monday. lenders are concerned about growing political resistance to implement needed reforms. public-sector workers are calling for strikes on wednesday to protest. and the international monetary fund, which is also part of the troika of lenders to greece, has released 890 million euros in fresh bailout funds to ireland. the imf says the country is making good progress under its own two-year rescue program. >> ireland is proceeding with reforms to lower its deficit in spite of a slowdown in economic growth. the imf expects ireland's deficit to come under targets. in spite of calls to boost social spending in response to high unemployment. ireland's budget for next year and to reduce its deficit by about
. >> greece's international lenders say the deeply indebted nation deserves to keep getting funds for a bailout, but they continue to warn that there are very large risks that the greek economy could eventually collapse. >> the report from the european commission and european central bank comes as athens receives a long overdue installment of over 34 billion euros international aid on monday. lenders are concerned about growing political resistance to implement needed reforms....
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Dec 20, 2012
12/12
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and and greece, civil servants have gone on a 24-hour price against job cuts. many public services were disrupted in the capital. >>> in south korea, voters have elected their first female president, who follows in the footsteps of her father who was also president. she is vowing to batter the economy. >> she has occupied a place on the national stage since the early 20's, but this is something new. if just before midnight, in freezing temperatures in central seoul, she addressed her supporters and the nation as the first female president elect. >> i will be the people's president who keeps promises to the citizens. this is the year of happiness we have all been waiting for. >> south korea remains a male- dominated society. just half of the working age women still have a job. if some see this as a transformative moment. >> there has been a glass ceiling in this society. with a woman president, took that we will demonstrate our troop qualities. >> i admit defeat, but it is just my defeat, not not that of others who are hoping to have a new government. i congratu
and and greece, civil servants have gone on a 24-hour price against job cuts. many public services were disrupted in the capital. >>> in south korea, voters have elected their first female president, who follows in the footsteps of her father who was also president. she is vowing to batter the economy. >> she has occupied a place on the national stage since the early 20's, but this is something new. if just before midnight, in freezing temperatures in central seoul, she addressed...
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Dec 11, 2012
12/12
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here we ban them and it -- >> greg: the funny thing is we talk about greece, but before there was greece, there was detroit. detroit is greece. if it was only the acropolis. dead city. people left because they couldn't make a living, the unions suffocate pod tenial. >> bob: true about toledo and cleveland and cincinnati? the northern cities that have had bleed of workers? >> eric: i will make a wage with you. now that snyder signs it off and right to work, i bet an auto company goes -- brand new, never done business before in detroit. >> kimberly: you will lose this bet, bob. >> eric: coming up, 2004 south korean singer rapped about killing americans in 2019 and is invited to perform for president obama. ♪ ♪ >> eric: maybe not. we will gangmam bang it out next. and make sure you go to the facebook page. we are updating and posting facebook.com/thefivefnc. click like. we'll be right back. ♪ ♪ ♪ ♪ >> greg: we're going to hell. the korean pop star performed at christmas in washington last night. joe biden took a picture with him thinking he's obama. he is the guy behind gangnam
here we ban them and it -- >> greg: the funny thing is we talk about greece, but before there was greece, there was detroit. detroit is greece. if it was only the acropolis. dead city. people left because they couldn't make a living, the unions suffocate pod tenial. >> bob: true about toledo and cleveland and cincinnati? the northern cities that have had bleed of workers? >> eric: i will make a wage with you. now that snyder signs it off and right to work, i bet an auto...
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Dec 17, 2012
12/12
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meanwhile, into greece and italy though, thunderstorm activity firing up across this area. it will start to pull off to the east. for the time being, continued to linger. the storms continue to fire up. as far as temperatures into the east, moscow, minus 14 for your high. further to west berlin, 4. a mild 8 and 9 in london and paris. here's a look at your extended forecast. >>> and that concludes this edition of "newsline." i'm keikichi hanada. we'll be back at the top of the hour. thank you for joining us on nhk world. -- captions by vitac -- www.vitac.com
meanwhile, into greece and italy though, thunderstorm activity firing up across this area. it will start to pull off to the east. for the time being, continued to linger. the storms continue to fire up. as far as temperatures into the east, moscow, minus 14 for your high. further to west berlin, 4. a mild 8 and 9 in london and paris. here's a look at your extended forecast. >>> and that concludes this edition of "newsline." i'm keikichi hanada. we'll be back at the top of the...
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going to be a story about europe and austerity and protests and riots whether it would be spain or greece or even the u.k. and these were real people in real situations in very scary situations and our correspondents were out there in the midst of it all. so we actually we all sat still stood over some type of square and i just see the come around behind the camera everybody else around me putting gas masks on you for moscow going to see your life before you can say anything you get that horrible taste in your mouth and of course it's the tear gas that's become so synonymous with these demonstrations in greece along with the firing of molotov cocktails and clashes with the place the producers like to see their correspondents in the middle of a crowd which is great but then the crowd the shouting the correspondents try to speak out everyone's very loud you can't hear anything that makes for good television. it's an incredible event covering it is pretty exciting you've got political elements you use the elements in the course force you've got the tragic human stories of people who are driv
going to be a story about europe and austerity and protests and riots whether it would be spain or greece or even the u.k. and these were real people in real situations in very scary situations and our correspondents were out there in the midst of it all. so we actually we all sat still stood over some type of square and i just see the come around behind the camera everybody else around me putting gas masks on you for moscow going to see your life before you can say anything you get that...
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Dec 28, 2012
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greece's banks in fresh capital were gop going to go down to central bank. national bank, euro bank, alfa and peres need the money to close ratios following last week. greece confirmed that the 50 billion euros set aside for recapitalization will be enough to capture these shortfalls. stephane pedrazzi asked the ecb jean-claude trichet about greece. >> i think it is absolutely clear that out of the fears of the global observers have proved unfounded. i was always confivinced that i was unfounded that the assumption that they could leave the euro area, that they could refeud the adjustment which is necessary were wrong assumptions. and now we see and of course it's difficult, of course it's hard, it's tough. but people have to make adju adjustments which are very, very difficult. but, again, we are going in the right direction. again, it's very difficult. it goes in the right direction. >> you don't believe in the scenario for greek exit? >> no.. it's precisely because it appears very clearly that neither the greek people nor the greek government nor all peer
greece's banks in fresh capital were gop going to go down to central bank. national bank, euro bank, alfa and peres need the money to close ratios following last week. greece confirmed that the 50 billion euros set aside for recapitalization will be enough to capture these shortfalls. stephane pedrazzi asked the ecb jean-claude trichet about greece. >> i think it is absolutely clear that out of the fears of the global observers have proved unfounded. i was always confivinced that i was...
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Dec 21, 2012
12/12
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what does greece have? they have a lot longer fuse than a time bomb. >> still a telling comparison quarterback nevertheless. coming up on "worldwide exchange," don't go anywhere. in an exclusive interview, jean-claude trichet tells stephane pedrazzi why markets need to be more upbeat. >>> take a look at samsung shares. they are down. sherry, what's going on? >> hi, kelly. investors were worried about news that eu regulators are getting ready to accuse samsung electronics of breaking competition rules when it filed its patent lawsuits against rival apple. now, the commission is saying samsung should have tried to license its patents on fair, reasonable and nondiscriminatory terms before launching any sales claims against apple and this may explain why apple dropped those claims earlier this week. now, the eu's probe has been underweight since january. many analysts say the eu's move had been spented. samsung's withdraw came on the heels of a california judge's refusal to block sales of dozens of samsung's mo
what does greece have? they have a lot longer fuse than a time bomb. >> still a telling comparison quarterback nevertheless. coming up on "worldwide exchange," don't go anywhere. in an exclusive interview, jean-claude trichet tells stephane pedrazzi why markets need to be more upbeat. >>> take a look at samsung shares. they are down. sherry, what's going on? >> hi, kelly. investors were worried about news that eu regulators are getting ready to accuse samsung...
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Dec 4, 2012
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no, greece we have to get out of the way. is the debt by back program going to be successful, everyone nds it will. we know that's the one little lynchpin on which everything else rests. so if it's not, the money will not flow, but everybody insists as when he headed into the euro group meeting yesterday that it will be successful. that's also what what we hear from the greeks. there's a bit of arm fwising, but it will probably go through. and then lo and behold ahead of the actual summit in the morning, they can sign up the check for the next greek installment also we hope. we're also closer to a little rescue package for cypress. spanish aid package for the banks is on track. so that was the working list last night. another thing on the to-do list. the head of the euro group confirmed last night that, no, i will not extend anything now, i will definitely leave as head of the euro group at the end of this year, so there will be another personnel debate. remember they asked him will to stay on for another half year because th
no, greece we have to get out of the way. is the debt by back program going to be successful, everyone nds it will. we know that's the one little lynchpin on which everything else rests. so if it's not, the money will not flow, but everybody insists as when he headed into the euro group meeting yesterday that it will be successful. that's also what what we hear from the greeks. there's a bit of arm fwising, but it will probably go through. and then lo and behold ahead of the actual summit in...
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Dec 19, 2012
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i think greek -- greece is a speculative market. it's important that no banks have -- defaulted on the senior debt including in greece. so there's information there. but, you know, greece is -- i don't take this particularly as a barometer for broader sentiment. when you look at italy, spain, yields come in a lot on the anticipation that the ecb will be the lender of last resort. that's the big positive. however, the level of yields we have, italy or spain, is not consistent with long-term fiscal sustainability. you need to have your nominal yield, you know, fairly close to your nominal growth rate. in the case of italy and spain, it's wail, way above. so careful in terms of the overall assessment, there's still an awful lot of risks surrounding italy and spain, you know, makes it relatively attractive, the bonds, i think. but still is not consistent with long-term debt sustainability in those countries. >> which is an important point. you're overweight on italian and spanish debt. we've seen the deals come in quite a bit. does that
i think greek -- greece is a speculative market. it's important that no banks have -- defaulted on the senior debt including in greece. so there's information there. but, you know, greece is -- i don't take this particularly as a barometer for broader sentiment. when you look at italy, spain, yields come in a lot on the anticipation that the ecb will be the lender of last resort. that's the big positive. however, the level of yields we have, italy or spain, is not consistent with long-term...
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Dec 11, 2012
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there is no argument there as there wasn't for greece. we know the countries, italy, greece is in a crisis and it's a crisis due to lack of competitiveness. going back to the currency, under the currency they create a wave of all sorts of problems including inflation and i think it is not a good route. >> well, i do rather agree with paula on this one. the problem with the euro is it gives you easy and quick solutions. and we're going to keep developing your currency. as you go back to the old days where you keep lowering your currency and you pay relatively high rates on your debt. so the appeal of the euro in the beginning was, oh, chief debt. it looked like christmas. now we're discovering that that regime, a ten-year regime where many peripheral countries got hammered. only germany sort of really held it together. now we have to look at how to undo this. for countries who have no ambition about their future, then maybe the policy is the way to go. italy had so many things going for it that falling back, that seems almost -- >> how abo
there is no argument there as there wasn't for greece. we know the countries, italy, greece is in a crisis and it's a crisis due to lack of competitiveness. going back to the currency, under the currency they create a wave of all sorts of problems including inflation and i think it is not a good route. >> well, i do rather agree with paula on this one. the problem with the euro is it gives you easy and quick solutions. and we're going to keep developing your currency. as you go back to...
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Dec 24, 2012
12/12
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. >>> greece, thousands of people turning out in athens to donate food, clothing and toys to families in need. the initiative called i care i share. it was organized by a local tv station to help those struggling wi to meet basic needs. the unemployment rate 26 percent. >>> israel, christmas coming early to jerusalem. >> merry christmas for all the world and happiness and health and safety and peace. happy holidays. >> santa was walking through the old city urging christian residents to pick up christmas trees. during the holiday season it's still second in tourism to the west bank city of bethlehem where jesus was born. >> peru. dogs dressing up putting on the dogs and posing for a picture with saint nick. a new line of festive outfits for these four-legged friends. chihuahua's in custom gear all to make the holidays extra special. that's the trip around the world in 80 seconds. >> i guess you could say it's christmas oeve eve and thousand packing the stores to get the gift they need. lingering worries of a weak economy many consumers are left saying bah hum bug. here is brenda butle
. >>> greece, thousands of people turning out in athens to donate food, clothing and toys to families in need. the initiative called i care i share. it was organized by a local tv station to help those struggling wi to meet basic needs. the unemployment rate 26 percent. >>> israel, christmas coming early to jerusalem. >> merry christmas for all the world and happiness and health and safety and peace. happy holidays. >> santa was walking through the old city urging...
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Dec 12, 2012
12/12
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a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >> absolutely. i think it goes back to the strengths of its model. i think more than anyone else they listen to the consumer. this is fast fashion taken to the extreme. there's something new in the stores every two weeks. there's a reason to keep going every two weeks. they get feedback from the store managers quickly on what's working, what's not working. go back to the production people, say we need this more, we need less of this. >> the supply chain must be -- where are they making this stuff? how are they able to get it into the store so quick three is. >> about half of their production is in spain, portugal, and morocco. that's the secret really. unlike h&m et cetera who gave everything to the far east, inditex is doing quite a lot locally. that is the key challenge for them. as they get bigger and bigger, can they r
a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >> absolutely. i think it goes back to the strengths of its model. i think more than anyone else they listen to the consumer. this is fast fashion taken to the extreme. there's something new in the stores every two...
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Dec 18, 2012
12/12
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i know we spent so much time talking about europe and greece. the rest of the world is absolutely on fire, where people obviously focus on is china. in september, they approved infrastructure projects. love the way the stocking is acting the last couple of days. dagen: you are bullish on the global economy. charles: for a while now. connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indonesia and turkey. the rest of the world really doing extraordinarily well. connell: we like when you go global on us, charles. what do you use, google maps or apple? charles: stuart varney is probably better than me when it comes to these smart phones. connell: i do remember when you got away from the flip phone. charles: that is only because i left it in the green room. i heard someone from the smithsonian came up. dagen: charles, thank you so much. connell: let's go to this google graphic story. it is a very popular app. let's put it that way. we will talk about that comi
i know we spent so much time talking about europe and greece. the rest of the world is absolutely on fire, where people obviously focus on is china. in september, they approved infrastructure projects. love the way the stocking is acting the last couple of days. dagen: you are bullish on the global economy. charles: for a while now. connell: you are not worried about china athol? charles: i think china is going to continue to be on a roll. i am also impressed with brazil, indonesia and turkey....
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Dec 10, 2012
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president and use your mandate to bring this country together to stop us from becoming greece? doing what boehner, tip o'neill and ronald reagan did? this political trophy you want rising rates runs the government for left len days when. it cops to debt ceiling time, mr. president, you will have a republican party make sure we save medicare and social security from bumps and save this country from becoming greece. one of his proposals we should never have any congressional check and balance raising the debt ceiling. he got elected president, not king. he is not king. he is president. martha: are you saying that republicans are willing to go to 39.6% back to that rate but the place where they will hold the line is on the debt ceiling issue. >> rates go up no matter what we do. there needs to be revenue component of any big deal. i think capping deductions is better than raising rates. there will come a day in february and march where we have to raise the debt ceiling by trillions of dollars. we're 16 trillion in debt. is it responsible to keep borrowing money and never address w
president and use your mandate to bring this country together to stop us from becoming greece? doing what boehner, tip o'neill and ronald reagan did? this political trophy you want rising rates runs the government for left len days when. it cops to debt ceiling time, mr. president, you will have a republican party make sure we save medicare and social security from bumps and save this country from becoming greece. one of his proposals we should never have any congressional check and balance...
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Dec 5, 2012
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though there are problems in some territories in europe like italy and spain, greece, of course. there are other strong markets. again, this is a reason why china and russia and brazil and india have become so important at the global scenario. >> okay, we wish you all the best. have a great few days there in singapore. >>> the british chancellor executive george osborne is giving his autumn statement today. the chancellor has already dropped big hints about what we can expect. katie barnfield has gone up to man chester to see how the government's economic mandate is really playing well. >> reporter: earlier this week, the chancellor george osborne warned that although the uk's economic recovery will take longer than planned, it would be catastrophic if he put down his austerity measures now. but it is a catastrophe already here? manchester looks like a thriving city. but with the surrounding areas home to some of the most economically disadvantaged parts of the uk. rows of shops stand unused and the number of people claiming benefits has risen almost 70% since 2008. the uk's oppo
though there are problems in some territories in europe like italy and spain, greece, of course. there are other strong markets. again, this is a reason why china and russia and brazil and india have become so important at the global scenario. >> okay, we wish you all the best. have a great few days there in singapore. >>> the british chancellor executive george osborne is giving his autumn statement today. the chancellor has already dropped big hints about what we can expect....
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Dec 7, 2012
12/12
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look at wages in greece and now spain. wages in greece are down more than 25%. very painful, but we've heard about the pain already. what we haven't heard so much about is the competitiveness. >> enor husband costs with incredibly high unemployment rates. >> that i'm afraid is what's going on and that's extremely unpleasant. what i'm saying in terms of market action is we know about that, we're focused already on the unemployment, we're not focused on the wage improvement in competitiveness. >> all right giles, more to come from you you. also we'll hear from the stars of les mis about why the classic story will resonate with the current economic climate. and later in the program, we'll also hear from the nigerian finance minister about the resources boom. but you what about the corruption issue. and we'll also hear first from apple's new ceo tim cook about steve jobs' legacy and his future plans for the tech giant. plus of course we'll continue to keep you updated on the reaction and the latest dealings from the earthquake in japan. >>> a 7.3 magnitude earthquak
look at wages in greece and now spain. wages in greece are down more than 25%. very painful, but we've heard about the pain already. what we haven't heard so much about is the competitiveness. >> enor husband costs with incredibly high unemployment rates. >> that i'm afraid is what's going on and that's extremely unpleasant. what i'm saying in terms of market action is we know about that, we're focused already on the unemployment, we're not focused on the wage improvement in...
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Dec 13, 2012
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another round of bailout loans for greece. greece will be given $64 billion between now and march. they need the money to avoid bankruptcy. in return for the money they had to commit to further measure including more spending cuts and tax increases. >> facebook said it wants to hire the brightest and most talented. this one survey ranking them as the best company in the world to work for. it pays interns $5,600 a month. facebook reportedly offers big payday to try to encourage them to drop out of college. >>> you can get google maps on your i-phone again. the mapping service is again available as an i-phone app. it was in the phones built in system until earlier this year when apple decided to install it's own map system but the quality of those maps was criticized. some users refused to upgrade to a new phone because they didn't want to loose their google maps. >> once again breaking news in the south bay. a high school in coopertino shut down and classes canceled after a threat to the school was found. we are live near monta vista with details on the threat. >> reporter: good mo
another round of bailout loans for greece. greece will be given $64 billion between now and march. they need the money to avoid bankruptcy. in return for the money they had to commit to further measure including more spending cuts and tax increases. >> facebook said it wants to hire the brightest and most talented. this one survey ranking them as the best company in the world to work for. it pays interns $5,600 a month. facebook reportedly offers big payday to try to encourage them to...
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Dec 31, 2012
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need to look at larger solutions to our problems so we don't end up in the situation europe is, or greece with riots, or france with a top 75% tax rate that's driving people offshore. >> the problem may be that paul ryan coming through with solid plans on the deficit issue, and ultimately didn't win the white house. is it possible to have the conversation with america get voted in, and then take action? >> personally, i think the ryan plan was an abomination, because it was so vague, that you can't tell whether it was a real plan or not. >> it was not vague. it was written down in the house budget. >> it is absolutely unspecified across all kinds of loophole closings and other things, which makes it filed under category of fiction for anybody that's ever worked in the united states senate. >> specifically it's written specifically in the path to prosperity. it was passed by the house. you can look at path to prosperity in google. you see many of the details. at least the house passed a budget, which the senate has not done for the past three years. the house has laid out solutions. also,
need to look at larger solutions to our problems so we don't end up in the situation europe is, or greece with riots, or france with a top 75% tax rate that's driving people offshore. >> the problem may be that paul ryan coming through with solid plans on the deficit issue, and ultimately didn't win the white house. is it possible to have the conversation with america get voted in, and then take action? >> personally, i think the ryan plan was an abomination, because it was so...
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Dec 12, 2012
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. >> they can buy stuff and go back on vacation in greece and all that stuff. >> do we count -- i'm getting -- there's nothing like this to get the twitterers going wild. 1-1-1 is -- 1-1-2001 -- >> 2001? >> yeah. >> yeah? >> 2101. >> yeah? >> less than -- >> you got a zero in there. >> less than 100 years. >> but it's 1-1-1 -- >> but 01 you'd write it probably. >> you would want to get to ten 10-10-10. 10-10-2110. i had someone call me dummy and say -- >> you? >> yeah. said it's 988 years. then he called me a dummy. i tweeted back to the guy, i'm the dummy? i'm the dummy? 988 years? i'm the dummy? the fed is meeting today -- i admit it, i resemble that remark. you're with me, pal. the fed is meeting to discuss whether operation twist will expire at the end of the month. and jerry webman is here. >> i showed up. >> chief economist. >> and union member. >> a unionyist. >> honorary union member. so is leaseman actually. maybe you can -- >> the president -- >> maybe -- you probably with -- >> workers fly i guess. we are strong, solid, more than ever. >> you probably need protection. >> probably
. >> they can buy stuff and go back on vacation in greece and all that stuff. >> do we count -- i'm getting -- there's nothing like this to get the twitterers going wild. 1-1-1 is -- 1-1-2001 -- >> 2001? >> yeah. >> yeah? >> 2101. >> yeah? >> less than -- >> you got a zero in there. >> less than 100 years. >> but it's 1-1-1 -- >> but 01 you'd write it probably. >> you would want to get to ten 10-10-10. 10-10-2110. i...
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Dec 20, 2012
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i think we can be a bit less worried about greece next year than we can be this year, for example, as well as in spain the government is considering a variety of reform efforts. indeed, despite the exchange in governments we had this year, it's the french deposit. when we look at it in aggregate, i think the tailwinds are starting to overcome the headwinds. the headwinds are still going to be there. the fiscal one is very important. there are still going to be risks on the european side. there's still the geopolitics which, of course, we can't ignore here. but in aggregate, i think those tailwinds are starting to get more traction and that's particularly becoming true in the u.s. housing market. >> what's interesting to that point is that we're coming to a year where even some of those concern are going away. central banks are starting to get extraordinarily accommodative. i wonder if their measures haven't been too back end loaded. certainly when you look at japan, it has pursued cycles earlier and had more impact. what about the sense ta whether it's the fed, whether it's the bank o
i think we can be a bit less worried about greece next year than we can be this year, for example, as well as in spain the government is considering a variety of reform efforts. indeed, despite the exchange in governments we had this year, it's the french deposit. when we look at it in aggregate, i think the tailwinds are starting to overcome the headwinds. the headwinds are still going to be there. the fiscal one is very important. there are still going to be risks on the european side....
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Dec 20, 2012
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harry, during one of the breaks, talking about greece. you had an unconventional view, i think, of what's going on there. >> still tons of issues, major risks but i think finally some signs after five years of decline, it is starting to bottom. first, the eu demonstrated they will do anything to keep power, partly because he has made some progress and partly because the alternatives are scarry. finally seeing improvements in the budget deficit numbers. >> you are buying stuff? >> looking at stuff. finally start to see investors move in 2013. already seen government bonds in 2012 and i think you will see asset sales. >> you agree? you remember your name before -- >> that does it for us today. make sure you join us tomorrow. right now, time for "squawk on the street." >>> good morning, welcome to squawk on the street. i'm carl quintanilla, melissaly, jim cramer. nyse euro net selling itself to ice for 8.2 billion in cash and stock. david is here to break it down. >> go through some of the numbers four. the deal itself having been officially
harry, during one of the breaks, talking about greece. you had an unconventional view, i think, of what's going on there. >> still tons of issues, major risks but i think finally some signs after five years of decline, it is starting to bottom. first, the eu demonstrated they will do anything to keep power, partly because he has made some progress and partly because the alternatives are scarry. finally seeing improvements in the budget deficit numbers. >> you are buying stuff?...
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Dec 24, 2012
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revenues including tax rate hikes, even though i don't like them to save the country from becoming greece. i will not set aside the 1.2 trillion in cuts. >> reporter: talking about $1.2 trillion in spending cuts. the president's scaled back plan i mentioned dealing with unemployment benefits, dealing with taxes, leaves the issue of domestic spending cuts basically after the holidays. that is why some republicans like graham are skeptical. gregg: is it fair to say democrats are adamant there will not be a deal without taxes going up? >> yeah. when you talk to white house officials they say, they're sort of mystified that speaker boehner is still arguing about the level on tax rates going up because the president ran on this back in the campaign. he won the election, and, since the day after the election he has been saying this is what's going to happen to get a deal. that you have to have rates go up. that is basically what senator chuck schumer said yesterday. take a listen. >> on taxes, i know it is hard for the republicans but the president ran on that platform, 250, no tax increases pe
revenues including tax rate hikes, even though i don't like them to save the country from becoming greece. i will not set aside the 1.2 trillion in cuts. >> reporter: talking about $1.2 trillion in spending cuts. the president's scaled back plan i mentioned dealing with unemployment benefits, dealing with taxes, leaves the issue of domestic spending cuts basically after the holidays. that is why some republicans like graham are skeptical. gregg: is it fair to say democrats are adamant...
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Dec 14, 2012
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the current top tax rate in greece is 45% for those earning more than 100,000 euros. finally, business sentiment in europe is slumping in part due to economic uncertainty ahead of this weekend's election. the bank of japan sentiment index dropping to minus 12 from minus 3 in the prior quarter. that was a bigger drop than economists were expecting. mr. kernen? >> all right. getting all these things. so you like he's like bloomberg? no 16 ounce -- >> guy runs -- >> you know. >> no 16 ounce anything over that in sugared drinks. comments, questions about anything you see here on "squawk," e-mail us at squawk @c in.com. you can also follow us on twitter @squawkcnbc. still to come this morning, john mcafee. in the flesh. well he won't be here but on camera. in his first interview since arriving back in the states. an interview you've got to see. plus. have you seen these? want to know how to use them? one of the new ways retailers are hoping to win over consumers. we're going to explain qr codes. the bar code guy died yesterday. can i help you? i heard you guys can ship gro
the current top tax rate in greece is 45% for those earning more than 100,000 euros. finally, business sentiment in europe is slumping in part due to economic uncertainty ahead of this weekend's election. the bank of japan sentiment index dropping to minus 12 from minus 3 in the prior quarter. that was a bigger drop than economists were expecting. mr. kernen? >> all right. getting all these things. so you like he's like bloomberg? no 16 ounce -- >> guy runs -- >> you know....
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Dec 7, 2012
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she was less bullish on the idea that greece or spain or anybody else in trouble might effect the u.s. economy. she said, you know, the problem with the u.s. is internal, and it becomes a world problem. >> what do you think about the supreme court, they're now going to consider california's proposition 8, consider same sex marriage in the united states. >> i think it raises obviously to the highest court in the land a question that has bounced around the states with different verdicts. you have had a lot of states had constitutional amendments banning same sex marriage, california said yes, then has said no. you had for the first time the past election a couple states pass it in a statewide referendum, when previously when it was on the ballot it had gone down. this is a question that has had different answers in some states, and some states different answers different times within the same state. the supreme court providing a road map is helpful, if you want a 50 state solution. the question is is that what the constitution calls for. >> and will they provide it. >> the president per
she was less bullish on the idea that greece or spain or anybody else in trouble might effect the u.s. economy. she said, you know, the problem with the u.s. is internal, and it becomes a world problem. >> what do you think about the supreme court, they're now going to consider california's proposition 8, consider same sex marriage in the united states. >> i think it raises obviously to the highest court in the land a question that has bounced around the states with different...